2024-03-18T09:27:21-05:00 2023-06-30 861065772 DELOITTE TAX LLP 50 SOUTH SIXTH STREET SUITE 2800 MINNEAPOLIS MN 55402 990 2022-07-01 361707667 ROTARY INTERNATIONAL ROTA 8478663000 1560 SHERMAN AVENUE EVANSTON IL 602013698 JULIE BURKE CFO 8478663000 2024-03-08 1 JULIE BURKE 999009999 0 ANNA KOLAKALURI P01275237 6123974000 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JULIE BURKE 1560 SHERMAN AVENUE EVANSTON IL 602013698 146751320 0 0573 X WWW.ROTARY.ORG X 1911 IL ROTARIANS PROMOTE INTEGRITY, GOOD WILL AND PEACE THROUGH FELLOWSHIP OF BUSINESS PROFESSIONALS. 19 17 342 1153717 313134 0 85246609 84720048 12977031 14344889 2203002 2152162 3976545 4255694 104403187 105472793 184892 80039 0 0 41802206 44312362 0 0 0 59942198 63679702 101929296 108072103 2473891 -2599310 193008591 200010861 33747554 43003868 159261037 157006993 X ROTARY INTERNATIONAL PROVIDES SERVICE TO OTHERS, PROMOTES INTEGRITY, AND ADVANCES WORLD UNDERSTANDING, GOODWILL, AND PEACE THROUGH OUR FELLOWSHIP OF BUSINESS, PROFESSIONAL, AND COMMUNITY LEADERS. 0 0 9007680 DISTRICT GOVERNORS - THE DISTRICT GOVERNOR IS THE OFFICER OF ROTARY INTERNATIONAL (RI) FOR EACH GROUPING OF CLUBS THAT FORM A DISTRICT. THE DISTRICT GOVERNOR PROVIDES LEADERSHIP AND ASSISTANCE TO CLUBS WITHIN THE DISTRICT. IN ADDITION, THE GOVERNOR ENSURES CONTINUITY IN ALL PROGRAMS AND RELATED OPERATIONS WITHIN THE DISTRICT AND ACTS AS A LIAISON BETWEEN RI AND THE DISTRICT. IN FY23 RI HAD 528 DISTRICT GOVERNORS. 9349849 8744027 INTERNATIONAL CONVENTION - THE INTERNATIONAL CONVENTION IS THE ANNUAL BUSINESS MEETING OF RI AND IS DESIGNED TO INSPIRE AND INFORM ROTARIANS AT AN INTERNATIONAL LEVEL WHILE ADVANCING THE STRATEGIC GOALS OF RI AND ITS FOUNDATION. THE CONVENTION IS HELD IN DIFFERENT LOCATIONS EACH YEAR, BOTH DOMESTIC AND INTERNATIONAL. IN 2023, THE CONVENTION WAS HELD IN MELBOURNE, AUSTRALIA. 5835827 24284 INTERNATIONAL ASSEMBLY - THE INTERNATIONAL ASSEMBLY IS AN ANNUAL TRAINING MEETING OF RI DESIGNED TO INSPIRE AND MOTIVATE ROTARY OFFICERS AND LEADERS FOR THE INCOMING ROTARY YEAR. THE TRAINING ALLOWS INCOMING LEADERS TO INTERPRET AND IMPLEMENT THE PRESIDENT-ELECT'S PRIORITIES AND INITIATIVES, AND ALSO PROVIDES AN OPPORTUNITY TO DISCUSS AND PLAN THEIR ACTIVITIES DURING THE YEAR. THE INTERNATIONAL ASSEMBLY IS HELD ONCE A YEAR EVERY JANUARY, IN ORLANDO FLORIDA. 52330600 80039 5613129 OTHER PROGRAM SERVICES ARE IN PLACE TO COORDINATE AND DIRECT THE ACTIVITIES OF ROTARY INTERNATIONAL AND SUPPORT THE OBJECT OF ROTARY. THE OBJECT OF ROTARY IS TO ENCOURAGE AND FOSTER THE IDEAL OF SERVICE AS A BASIS OF WORTHY ENTERPRISE. THESE OTHER PROGRAM SERVICES SUPPORT THE OBJECT OF ROTARY BY HELPING ROTARY CLUBS AND DISTRICTS ACHIEVE THEIR SERVICES GOALS, EXPAND ROTARY MEMBERSHIP, AND PROMOTE THEIR ACTIVITIES TO THE MEDIA AND GENERAL PUBLIC. 52330600 80039 5613129 76523956 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 X 296 0 1 342 1 1 1 1 AR AS BG BR CA CE CO DA EG ET GM IN JA KS NI NO NP PE PK RP SF SW SZ TH UK 0 0 1 1 0 0 0 X 19 17 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AK AL AR CA CT FL GA HI IL KS KY MA MD ME MN MO MS NC ND NH NJ OH OK PA RI SC TN UT VA WA WI WV X DORIS YUXUE XIE 8478663000 1560 SHERMAN EVANSTON IL 60201 X JENNIFER JONES BEG 7122 PRESIDENT 40.00 0.00 X X 105250 0 15543 GORDON MCINALLY BEG 7122 PRESIDENT ELECT 40.00 0.00 X X 19706 0 8524 ANANTHANARAYANAN VENKATESH TREASURER 20.00 0.00 X X 0 0 0 NICKI SCOTT VICE PRESIDENT 20.00 0.00 X X 0 0 0 ALBERTO CECCHINI BEG 7122 DIRECTOR 20.00 0.00 X 0 0 0 DREW KESSLER BEG 7122 DIRECTOR 20.00 0.00 X 0 0 0 ELIZABETH USOVICZ DIRECTOR 20.00 0.00 X 0 0 0 JEREMY HURST BEG 7122 DIRECTOR 20.00 0.00 X 0 0 0 JESSIE HARMAN DIRECTOR 20.00 0.00 X 0 0 0 JULIO CESAR A SILVA-SANTISTEBAN DIRECTOR 20.00 0.00 X 0 0 0 LENA MJERSKAUG BEG 7122 DIRECTOR 20.00 0.00 X 0 0 0 MAHESH KOTBAGI DIRECTOR 20.00 0.00 X 0 0 0 MUHAMMAD FAIZ KIDWAI DIRECTOR (BEG 7/1/22) 20.00 0.00 X 0 0 0 PATRICIA MERRYWEATHER-ARGES DIRECTOR (BEG 7/1/22) 20.00 0.00 X 0 0 0 PATRICK CHISANGA BEG 7122 DIRECTOR 20.00 0.00 X 0 0 0 URS KLEMM DIRECTOR 20.00 0.00 X 0 0 0 VICKI PULIZ DIRECTOR 20.00 0.00 X 0 0 0 WON-PYO KIM DIRECTOR 20.00 0.00 X 0 0 0 YOSHIO SATO BEG 7122 DIRECTOR 20.00 0.00 X 0 0 0 JOHN HEWKO CHIEF EXECUTIVE OFFICER 25.20 14.80 X 379387 222814 64557 JULIE BURKE CHIEF FINANCIAL OFFICER 19.60 20.40 X 151780 157975 71132 MICHELE BERG DEPUTY GENERAL SECRETARY 25.20 14.80 X 222019 130392 73052 ERIC JONES CHIEF INVESTMENT OFFICER 2.80 37.20 X 24607 326925 68481 JAMES BARNES CHIEF PROGRAMS & MEMBER SERVICES OFFICER 30.80 9.20 X 222530 66470 61991 DAVID ALEXANDER CHIEF COMMUNICATIONS OFFICER 34.00 6.00 X 226921 40045 69984 PAUL HAISMAN CHIEF INFORMATION OFFICER 22.00 18.00 X 150273 122951 57132 STEVEN ROUTBURG GENERAL COUNSEL 32.40 7.60 X 205904 48299 57950 KRISTOPHER NEWBAUER CHIEF HUMAN RESOURCES OFFICER 22.00 18.00 X 145488 119036 41453 THOMAS THORFINNSON CHIEF STRATEGY OFFICER 25.60 14.40 X 163724 92095 48101 NORA ZEI CHIEF PARTICIPANT EXPERIENCE OFFICER 30.80 9.20 X 177534 39297 31051 JONATHAN SOUTH INVESTMENT OFFICER 2.80 37.20 X 13546 179965 57372 ANAND RAMAKRISHNAN DIRECTOR DATA ENGINEERING 22.00 18.00 X 108576 88835 50900 ANDREW G MCDONALD DEPUTY GENERAL COUNSEL 26.80 13.20 X 135048 66516 44091 MICHAEL PATOCK INVESTMENT OFFICER 2.80 37.20 X 14953 198668 27720 RICHARD PLOCINIK DIRECTOR OF ENTERPRISE PROJECTS 20.80 0.00 X 135119 62215 41377 SHEKHAR MEHTA END 63022 PAST PRESIDENT 20.00 0.00 X 141394 0 8330 2743759 1962498 898741 115 1 1 0 ACCION LABS US INC DDI PLAZA I 1225 WASHINGTON PIKE BRIDGEVILLE PA 15017 STAFFING AND CONSULTING 2886061 MICROSOFT CORPORATION (LICENSING) 1950 N STEMMONS FWY DALLAS TX 75207 SOFTWARE LICENSING 1957040 SOFTSERVE 12800 UNIVERSITY DRIVE SUITE 410 FORT MYERS FL 33907 STAFFING AND CONSULTING 1898521 ORACLE AMERICA INC PO BOX 203448 DALLAS TX 75320 SOFTWARE LICENSING 1140230 TEKSYSTEMS INC 7437 RACE ROAD HANOVER MD 21076 STAFFING 1008010 28 84720048 84720048 INTL CONVENTION 900099 8766213 8766213 MAGAZINE 541800 5127291 5102007 25284 INFOTECH INCOME 900099 289611 289611 OPEN WORLD LEADERSHIP 900099 119804 119804 MEETING REVENUE 900099 41970 41970 14344889 3147642 3147642 919604 919604 4519951 2717564 1802387 1802387 287850 1514537 36370736 1174920 37380268 1160868 -1009532 14052 -995480 -995480 108 19827 -19719 -19719 INSURANCE - US CLUBS 524298 2028407 2028407 CURRENCY EXCHANGE LOSS 900099 -531255 -531255 56270 56270 1553422 105472793 14356156 313134 6083455 80039 80039 2136601 1134410 1002191 31151740 21277013 9874727 2777448 1784897 992551 5566006 3461991 2104015 2680567 1722786 957781 861373 622239 239134 289519 12822 276697 195699 14799 180900 392722 392722 6647168 4835359 1811809 1665977 1229667 436310 1995888 1592785 403103 8996559 6335925 2660634 3253707 2375855 877852 8943580 6251746 2691834 9753760 8547802 1205958 5361446 3872806 1488640 2886357 1556028 1330329 DISTRICT GOVERNOR 8422771 6738217 1684554 MAGAZINE - PRINT & POST 2959181 2356628 602553 EQUIPMENT RENT & MAINT 900356 651853 248503 BOOKS & PERIODICALS 78317 13923 64394 75322 54366 20956 108072103 76523956 31548147 0 13762466 7397858 24095459 19967820 6853969 14040339 978331 948061 8412568 12022291 183606155 128590757 57968898 55015398 65953873 66959541 9618579 12357758 3096586 3939619 2267862 7362176 193008591 200010861 27300292 36046713 6447262 6957155 33747554 43003868 X 159261037 157006993 159261037 157006993 193008591 200010861 X -2599310 -529278 -2930 877474 X 0 1 X 1 0 2230725 2230725 83662981 65046417 18616564 13143825 7892924 5250901 84510051 55607174 28902877 58573 44242 14331 55015398 ALTERNATIVE INVESTMENTS 12357758 F 12357758 X PART X, LINE 2: ROTARY INTERNATIONAL AND THE FOUNDATION HAVE EACH RECEIVED A FAVORABLE DETERMINATION LETTER FROM THE IRS STATING THAT EACH IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTIONS 501(C)(4) AND 501(C)(3), RESPECTIVELY, OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, EXCEPT FOR INCOME TAXES PERTAINING TO UNRELATED BUSINESS INCOME. PPH FILES A CORPORATION INCOME TAX RETURN, BUT IS NOT TREATED AS AN INSURANCE COMPANY FOR FEDERAL INCOME TAX PURPOSES AS IT IS A CAPTIVE INSURANCE COMPANY. ACCORDINGLY, PREMIUMS (FROM ROTARY) AND LOSSES AND LOSS ADJUSTMENT EXPENSES ARE EXCLUDED FROM THE CALCULATION OF TAXABLE INCOME. THERE WAS NO LIABILITY FOR INCOME TAX AS OF 30 JUNE 2023 AND 2022. INFOTECH IS A PRIVATE LIMITED COMPANY REGISTERED IN INDIA AND, AS SUCH, IS TAXABLE CORPORATION IN INDIA. UNDER U.S. TAX REGULATIONS, INFOTECH IS TREATED AS A FOREIGN PARTNERSHIP AND ALL OPERATIONS ARE INCLUDED IN ROTARY'S U.S. TAX FILINGS. TAX EFFECTS FROM UNCERTAIN POSITIONS ARE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. ADDITIONALLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE CONSOLIDATED FINANCIAL STATEMENTS AND THERE IS NO INTEREST OR PENALTIES RECOGNIZED IN THE STATEMENTS OF ACTIVITIES IN THE CONSOLIDATED FINANCIAL STATEMENTS NOR THE CONSOLIDATED FINANCIAL STATEMENTS; HOWEVER, THE LAST THREE TAXABLE YEARS REMAIN OPEN TO FEDERAL AND STATE AUDIT. EAST ASIA AND THE PACIFIC 3 17 PROGRAM SERVICES MEMBER SUPPORT 1446061 EUROPE (INCLUDING ICELAND & GREENLAND) 1 24 PROGRAM SERVICES MEMBER SUPPORT 6906837 SOUTH AMERICA 2 8 PROGRAM SERVICES MEMBER SUPPORT 628287 SOUTH ASIA 1 22 PROGRAM SERVICES MEMBER SUPPORT 1817609 SOUTH ASIA 1 78 PROGRAM SERVICES IT SUPPORT 2263553 8 149 0 0 8 149 13062347 0 13062347 0 0 1 1 1 1 PART III ACCOUNTING METHOD: PART I, LINE 3 THE AMOUNTS REPORTED IN SCHEDULE F WERE DETERMINED USING THE ACCRUAL METHOD OF ACCOUNTING. 1 THE ROTARY FOUNDATION OF ROTARY INTERNATIONAL 1560 SHERMAN AVENUE EVANSTON IL 60201 323245072 501(C)(3) 80039 0 POLIOPLUS FUND 1 0 PART I, LINE 2: ROTARY INTERNATIONAL ISSUED ONE GRANT IN FISCAL YEAR ENDED 30 JUNE 2023 TO THE ROTARY FOUNDATION OF ROTARY INTERNATIONAL [501(C)(3)]. ROTARY INTERNATIONAL RELIES ON THE GRANT-MONITORING PROCEDURES OF THE ROTARY FOUNDATION OF ROTARY INTERNATIONAL FOR THE POLIOPLUS FUND. X X X X X X 1 1 X X X X 0 0 0 0 0 0 0 0 0 JOHN HEWKO CHIEF EXECUTIVE OFFICER 379387 222814 0 0 0 0 23735 13940 16935 9947 420057 246701 0 0 MICHELE BERG DEPUTY GENERAL SECRETARY 218054 128063 0 0 3965 2329 23735 13940 22287 13090 268041 157422 0 0 ERIC JONES CHIEF INVESTMENT OFFICER 24163 321029 0 0 444 5896 2637 35038 2156 28650 29400 390613 0 0 JULIE BURKE CHIEF FINANCIAL OFFICER 149085 155170 0 0 2695 2805 18461 19214 16393 17064 186634 194253 0 0 JAMES BARNES CHIEF PROGRAMS & MEMBER SERVICES OFF 218474 65258 0 0 4056 1212 28494 8511 19239 5747 270263 80728 0 0 DAVID ALEXANDER CHIEF COMMUNICATIONS OFFICER 222810 39319 0 0 4111 726 30915 5456 28572 5041 286408 50542 0 0 PAUL HAISMAN CHIEF INFORMATION OFFICER 150273 122951 0 0 0 0 14479 11847 16943 13863 181695 148661 0 0 STEVEN ROUTBURG GENERAL COUNSEL 202117 47411 0 0 3787 888 28996 6801 17945 4208 252845 59308 0 0 KRISTOPHER NEWBAUER CHIEF HUMAN RESOURCES OFFICER 143072 117059 0 0 2416 1977 16345 13373 6455 5280 168288 137689 0 0 THOMAS THORFINNSON CHIEF STRATEGY OFFICER 161913 91076 0 0 1811 1019 22934 12900 7851 4416 194509 109411 0 0 JONATHAN SOUTH INVESTMENT OFFICER 13546 179965 0 0 0 0 1372 18226 2645 35129 17563 233320 0 0 ANAND RAMAKRISHNAN DIRECTOR DATA ENGINEERING 108576 88835 0 0 0 0 10470 8566 17525 14339 136571 111740 0 0 NORA ZEI CHIEF PARTICIPANT EXPERIENCE OFFICER 177534 39297 0 0 0 0 16950 3754 8483 1864 202967 44915 0 0 ANDREW G MCDONALD DEPUTY GENERAL COUNSEL 132588 65304 0 0 2460 1212 21818 10746 7723 3804 164589 81066 0 0 MICHAEL PATOCK INVESTMENT OFFICER 14681 195049 0 0 272 3619 1940 25780 0 0 16893 224448 0 0 RICHARD PLOCINIK DIRECTOR OF ENTERPRISE PROJECTS 129089 61151 0 0 6030 1064 15073 8128 12309 5867 162501 76210 0 0 SHEKHAR MEHTA END 63022 PAST PRESIDENT 141394 0 0 0 0 0 0 0 8330 0 149724 0 0 0 FORM 990, SCHEDULE J, PART I, LINE 1A - FIRST CLASS TRAVEL UNCOMPENSATED VOLUNTEER LEADERS CONDUCT EXTENSIVE INTERNATIONAL TRAVEL ON BEHALF OF THE ORGANIZATION. ROTARY INTERNATIONAL PROVIDES BUSINESS-CLASS AIRFARE FOR THE BOARD OF DIRECTORS AND THE GENERAL SECRETARY. BUSINESS-CLASS TRAVEL IS AVAILABLE IN MOST MARKETS, BUT IF IT IS NOT, FIRST-CLASS OR ECONOMY AIRFARES ARE SUBSTITUTED. THE PRESIDENT AND PRESIDENT-ELECT ARE PERMITTED TO USE FIRST-CLASS TRAVEL, ALTHOUGH THEY MAY CHOOSE BUSINESS-CLASS OR ECONOMY. FORM 990, SCHEDULE J, PART I LINE 1A - HOUSING ALL. OR RES. FOR PERSONAL US FOR EFFICIENCY, RESIDENCES NEAR RI HEADQUARTERS ARE PROVIDED FOR THE ROTARY INTERNATIONAL PRESIDENT AND PRESIDENT-ELECT. PERSONAL USE OF THE RESIDENCES IS REPORTED AS TAXABLE INCOME TO THE RECIPIENTS. IN ADDITION, RI REIMBURSES THE PRESIDENT AND PRESIDENT-ELECT FOR CERTAIN COSTS ASSOCIATED WITH MAINTAINING THEIR PERSONAL RESIDENCES WHILE THEY ARE TRAVELLING ON BEHALF OF THE ASSOCIATION. THESE EXPENSE REIMBURSEMENTS ARE TAXABLE TO THE RECIPIENT. FORM 990, SCHEDULE J, PART 1, LINE 1A - TRAVEL FOR COMPANIONS ROTARY INTERNATIONAL PROVIDES FOR SPOUSE TRAVEL IF SPOUSE PARTICIPATION ASSISTS THE ORGANIZATION IN ACHIEVING ITS MISSION. THE ROTARIAN AND SPOUSE ARE REQUIRED TO SUBMIT DOCUMENTATION DETAILING THE ACTIVITIES AND SUPPORTING THE BONA FIDE BUSINESS PURPOSE OF THE TRAVEL. MANAGEMENT REVIEWS THE DOCUMENTATION DURING THE EXPENSE REIMBURSEMENT APPROVAL PROCESS. FORM 990, SCHEDULE J, PART I, LINE 1A - TAX INDEMNIFICATION AND GROSS UP PA ROTARY INTERNATIONAL DOES NOT COMPENSATE THE PRESIDENT AND PRESIDENT ELECT'S SERVICES OTHER THAN THE REIMBURSEMENT OF CERTAIN PERSONAL EXPENSES RELATED TO THEIR SERVICES (I.E. THE COST TO MAINTAIN THEIR PERSONAL RESIDENCE, HEALTH INSURANCE, ETC.) AS DEFINED IN THE ROTARY CODE OF POLICIES. THE EXPENSE REIMBURSEMENTS ARE TAXABLE TO THE RECIPIENTS. IT IS THE BOARD POLICY TO PAY THE PRESIDENTS FOR THE TAXES ASSOCIATED WITH THIS INCOME. FORM 990, SCHEDULE J, PART I, LINE 1A - HEALTH OR SOCIAL CLUB DUES FOR THE PRESIDENT AND PRESIDENT-ELECT, EXPENSES RELATED TO MAINTAINING CLUB MEMBERSHIPS ARE INCLUDED UNDER THE ROTARY CODE OF POLICES FOR PERSONAL EXPENSE REIMBURSEMENT. THESE EXPENSE REIMBURSEMENTS ARE TAXABLE TO THE RECIPIENT. FORM 990, SCHEDULE J, PART I, LINE 1A - PERSONAL SERVICES FOR ANY PRESIDENT OF ROTARY INTERNATIONAL, WHO IS NOT A UNITED STATES CITIZEN, EXPENSES RELATED TO INCOME TAX PREPARATION ARE INCLUDED UNDER THE ROTARY CODE OF POLICY. THESE EXPENSES ARE TAXABLE TO THE RECIPIENT. FORM 990, SCHEDULE J, PART I LINE 1A - HIGHEST COMPENSATED EMPLOYEES ROTARY INTERNATIONAL HAS A HIGHEST COMPENSATED EMPLOYEE AT ITS OFFICE IN ZURICH, SWITZERLAND, WHICH IS CURRENTLY UNDISCLOSED DUE TO POTENTIAL INFRINGEMENT OF LOCAL DATA PRIVACY LAWS. SALARIES FOR STAFF AT THE INTERNATIONAL OFFICES ARE ESTABLISHED IN THEIR LOCAL CURRENCY AND TRANSLATED TO US DOLLARS FOR REPORTING PURPOSES, RESULTING IN POTENTIALLY LARGE FLUCTUATIONS IN THE US DOLLAR REPORTABLE EQUIVALENT FOR COMPENSATION. FORM 990, PART V, LINE 2A: NUMBER OF EMPLOYEES ON W-3 THE NUMBER OF EMPLOYEES REPORTED IS THE TOTAL EMPLOYEE COUNT FROM THE FILING ORGANIZATION. WHILE ROTARY INTERNATIONAL IS THE COMMON PAYMASTER FOR ROTARY INTERNATIONAL AND THE ROTARY FOUNDATION OF ROTARY INTERNATIONAL (TRF), THE NUMBER OF EMPLOYEES DOES NOT INCLUDE THE EMPLOYEE COUNT FOR TRF. PART V, LINE 6B: EXPRESS STATEMENT THAT SUCH CONTRIBUTIONS OR GIFTS WERE NOT TAX DEDUCTIBLE - ROTARY INTERNATIONAL DOES NOT DIRECTLY SOLICIT CONTRIBUTIONS FROM THE GENERAL PUBLIC. THE MEMBER CLUBS OF ROTARY INTERNATIONAL, ALSO SECTION 501(C)(4) ENTITITES, PAID MEMBERSHIP DUES WHICH ARE REPORTED ON FORM 990, PART VIII, LINE 1B AS CONTRIBUTION REVENUE. AS SUCH, ROTARY INTERNATIONAL DOES NOT DIRECTLY PROVIDE AN EXPRESS STATEMENT. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP OF ROTARY INTERNATIONAL CONSISTS OF ROTARY CLUBS ORGANIZED AND OPERATING IN ACCORDANCE WITH THE RI CONSTITUTION AND BYLAWS. FORM 990, PART VI, SECTION A, LINE 7A THE PROCEDURES FOR THE SELECTION OF ROTARY INTERNATIONAL (RI) OFFICERS ARE STATED IN THE RI BYLAWS. NOMINATING COMMITTEES SELECT NOMINEES FOR THE BOARD OF DIRECTORS, INCLUDING THE PRESIDENT. DIRECTOR NOMINATING COMMITTEES IN EACH OF THE 34 WORLDWIDE RI ZONES NOMINATE A DIRECTOR FROM THE MEMBERSHIP OF THE CLUBS IN THAT ZONE EVERY FOURTH YEAR ACCORDING TO A SCHEDULE ESTABLISHED BY THE RI BOARD. ADDITIONALLY, A 17 MEMBER NOMINATING COMMITTEE FOR PRESIDENT NOMINATES A PRESIDENT EACH YEAR (ON A ROTATING BASIS EACH ZONE ELECTS A MEMBER OF A CLUB IN THE ZONE TO SERVE ON THE NOMINATING COMMITTEE). THERE ARE OPPORTUNITIES FOR CLUBS TO PUT FORWARD CANDIDATES TO CHALLENGE THE NOMINATED CANDIDATES. FORM 990, PART VI, SECTION B, LINE 11B ROTARY INTERNATIONAL'S FORM 990 IS PREPARED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM. A DRAFT OF THE FORM 990 IS REVIEWED BY THE DIRECTOR OF FINANCE AND THE CHIEF FINANCIAL OFFICER. UPON COMPLETION OF THE REVIEW PROCESS, THE RETURN IS PROVIDED TO THE BOARD OF DIRECTORS, SIGNED BY THE CFO AND FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS MUST DISCLOSE ANY FAMILY OR BUSINESS RELATIONSHIPS WITH OTHER DIRECTORS, TRUSTEES OF THE ROTARY FOUNDATION, KEY EMPLOYEES, OR HIGHEST COMPENSATED INDEPENDENT CONTRACTORS OF ROTARY INTERNATIONAL AND THE ROTARY FOUNDATION AS IDENTIFIED ANNUALLY BY THE GENERAL SECRETARY. TO COMPLY WITH THIS POLICY, DIRECTORS SUBMIT AN ANNUAL POTENTIAL CONFLICT OF INTEREST STATEMENT, ON WHICH THEY REPORT ANY PREVIOUSLY UNDISCLOSED POTENTIAL CONFLICTS OF INTEREST. THE RI EXECUTIVE COMMITTEE REVIEWS THESE REPORTS AND WORKS TO RESOLVE ANY ACTUAL OR POTENTIAL CONFLICTS. IF NO RESOLUTION IS REACHED, THE COMMITTEE REFERS THE MATTER TO THE BOARD OF DIRECTORS AND AN APPROPRIATE ACTION WILL BE TAKEN. A POTENTIAL CONFLICT OF INTEREST IS DEEMED TO EXIST IF A MAJORITY OF DIRECTORS VOTING REACH AN AFFIRMATIVE DECISION. THE DIRECTOR WITH THE POTENTIAL CONFLICT OF INTEREST SHALL NOT BE PRESENT FOR THE VOTE. IN ADDITION, THE OPERATIONS REVIEW COMMITTEE MONITORS COMPLIANCE WITH THE CODE OF CONDUCT AND CONFLICT OF INTEREST POLICY. KEY EMPLOYEES AND OTHER EMPLOYEES IN A POSITION OF INFLUENCE ARE ALSO REQUIRED TO MAKE ANNUAL CONFLICT OF INTEREST DISCLOSURES. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR THE GENERAL SECRETARY, DEPUTY GENERAL SECRETARY AND GENERAL MANAGERS IS REVIEWED ANNUALLY. RI'S GLOBAL PEOPLE & TALENT TEAM COLLECTS DATA ON TOTAL COMPENSATION (IE BASE SALARY AND BENEFITS) FROM SEVERAL SOURCES, INCLUDING INDEPENDENT COMPENSATION CONSULTANTS, SALARY SURVEYS, PROFESSIONAL PUBLICATIONS, AND INFORMATION FROM SIMILAR ORGANIZATIONS IN THE SAME GEOGRAPHIC AREA. PEOPLE & TALENT PROVES A SALARY RANGE FOR THE GENERAL SECRETARY, DEPUTY GENERAL SECRETARY, AND GENERAL MANAGERS POSITIONS AND THE OPERATIONS REVIEW COMMITTEE (ACTING AS A COMPENSATION ADVISORY COMMITTEE) AND THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEW SALARY RANGES AND SALARY INCREASE PARAMETERS FOR REASONABLENESS. THE GENERAL SECRETARY'S COMPENSATION IS BASED ON THE TERMS IN THE GENERAL SECRETARY'S CONTRACT. THE GENERAL SECRETARY APPROVES SALARY INCREASES FOR THE EXECUTIVE MANAGEMENT TEAM WITHIN THE SALARY RANGES APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THIS PROCESS IS CONTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 ROTARY INTERNATIONAL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE, WWW.ROTARY.ORG. FORM 990, PART VII, LINE 2 HIGHEST COMPENSATED EMPLOYEES THE HIGHEST COMPENSATED EMPLOYEES ARE DETERMINED BASED ON W-2 AMOUNTS FOR THE FILING AND RELATED ORGANIZATION, CONSISTENT WITH PRIOR YEAR. FORM 990, PART XI, LINE 9: PPH NET INCOME 320,914. INFOTECH ADJUSTMENT 398,346. INFOTECH CURRENT YEAR CURRENCY ADJUSTMENT 158,214. THE ROTARY FDT OF ROTARY INTERNATIONAL 1560 SHERMAN AVENUE EVANSTON IL 602013698 363245072 CHARITABLE IL 501(C)(3) 7 ROTARY INTERNATIONAL 1 ROTARY INTERNATIONAL HOLDINGS NFP 1560 SHERMAN AVENUE EVANSTON IL 602013698 320515763 CHARITABLE IL 501(C)(3) 10 ROTARY INTERNATIONAL 1 ROTARY INTERNATIONAL INFOTECH PVT LTD 6TH FLOOR BUILDING BETA II GIGA S PUNE MAHARASHTRA IN 411014 981050532 IT SUPPORT IN ROTARY INTERNATIONAL RELATED 198646 3571943 0 1 0.99990 PPH NATIONAL INSURANCE CO 76 ST PAUL STREET SUITE 500 BURLINGTON VT 05041 030370108 CAPTIVE INSURANCE VT ROTARY INTERNATIONAL C 320914 5024451 1.00000 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 THE ROTARY FDT OF ROTARY INTERNATIONAL B 80039 COST THE ROTARY FDT OF ROTARY INTERNATIONAL N 2168182 COST THE ROTARY FDT OF ROTARY INTERNATIONAL O 34474035 COST ROTARY INTERNATIONAL INFOTECH PVT LTD P 2205260 COST PPH NATIONAL INSURANCE CO Q 84972 COST THE ROTARY FDT OF ROTARY INTERNATIONAL Q 27070600 COST PPH NATIONAL INSURANCE CO R 910099 COST PPH NATIONAL INSURANCE CO O 238022 COST